BioStem Technologies Secures Land Purchase at the Research Park at Florida Atlantic University in Boca Raton for Future Headquarters

Core Insights - BioStem Technologies, Inc. is expanding its operations by purchasing land for a new headquarters in the Research Park at Florida Atlantic University, which will create up to 100 new jobs over the next five years with the support of up to $300,000 in economic incentives from the city [1][2][3] Company Overview - BioStem Technologies specializes in the development, manufacturing, and commercialization of placental-derived products for advanced wound care, utilizing its proprietary BioRetain processing method to maintain growth factors and preserve tissue structure [5] - The company’s quality management system is accredited by the American Association of Tissue Banks and adheres to current Good Tissue Practices and Good Manufacturing Processes [5] Economic Impact - The new headquarters will centralize administrative offices, manufacturing, and distribution, enhancing operational efficiency and supporting the growing demand for advanced wound care products [2][3] - The Research Park serves as a hub for technology companies and research organizations, fostering collaboration and innovation in South Florida's life sciences sector [3][4] Strategic Location - The choice of the Research Park location is strategic, providing access to a talented workforce and proximity to a university with strong science and healthcare programs [3] - The Research Park has been established as a center for entrepreneurial ideas and technologies since 1985, promoting economic growth in the region [3][4]